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Thread: right thought proccess?

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    (9) Cadillac Banthaman's Avatar
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    Default right thought proccess?

    After reading through a number of threads here and formulating my plan to focus on a few ideas I have come to the step where action is needed. I know it somewhat fights the thesis of the forum I just want to know if this makes sense. I have several Ideas that I cannot work on due to lack of 2 things, 1. Education and 2. Capital. My current investments, when eventually liquidated should provide the capital As a result I feel the next step to accomplishing this goal in my plan is to go back to school for my BS in Electrical engineering. I cannot begin to describe how difficult this decision is and how it will effect my family. I do not intend however to do the schooling to get a J.O.B. and die happily never after, but, to simply use the education as a vehicle for my brainchild/ren to accomplish the fast lane lifestyle in the end alongside my other passive investments. Is this logical or thinking backward?
    "If I have seen further than others, it is by standing upon the shoulders of giants." - Sir Isaac Newton

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    Default Re: right thought proccess?

    Hey Banthaman,

    My personal opinion is that -- unless you go to a school this is specifically geared toward practical application of EE -- you will likely not get enough out of a BSEE to help you accomplish your goals. I have a BSEE from a top 10 engineering school, and to be honest, outside of the pure textbook theory, I learned very little practical application of that theory. And the textbook stuff I could have learned in 1/4 of the time (and for 1/20 of the price) had I just studied on my own.

    That said, the benefits of college are generally the resources. You have access to great minds, expensive equipment, other people with the same interests, etc. But, going after your BS degree won't expose you to much of that until your third or fourth year anyway.

    Do you have a college degree in something else? If so, perhaps you should spend some time learning on your own, and then apply for a Masters program, where you *will* learn a lot of practical engineering application and design? Or, perhaps you could go speak to a tenured professor who specializes in the area you're interested in, and ask if you can work for him (for free, of course) in his lab?

    If you said you wanted your EE degree to get a job, I might have to agree that getting your degree is the best way to accomplish that goal; but if the goal is to become a great inventor, I'm not convinced that formal education is the only path.

    Perhaps you can provide a bit more detail around your current level of schooling? Depending on whether you have other college credit/degrees, I might be able to make some other recommendations.

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    Default Re: right thought proccess?

    I agree in that it's not the only path as a higher paying job though not the end goal would be a perk for added cash flow. It's also a convenient slow lane trap.

    Along this regard I actually have multiple products, the first being a product/service. The last however is in need of a much higher skill level than I have and even then I would need a team of probably PhD level study.

    Product: An Idea I formulated while talking with my father (a mechanical designer and inventor and bounced between my uncle an electrical engineer) we had been discussing quantum computing and how it could revolutionize computers if they could get it to function in a warmer state (currently needing near absolute zero temperatures to accomplish quantum electro processing). The idea we had in computing however would be a completely different process in which we would replace the current bit for a variable (quantum using Qubits this would essentially use what I would call an Nbit). It would still use a somewhat quantum architecture for signal development but would, if successful, blow even a quantum computer out of the water. Reason: current bit technology runs on a level of 0 or 1, qubits run off of the exponential of that due to the process of quantum physics on an electron. It can function as 0, 1 or both at the same time meaning each electron can function independently as its own computer limiting factor being the number of quantum electrons current max quantum computers are running is 16 qubits. Theoretically 500 qubits would function in the sense of 500 to the power of 2 with a modifying exponent of #of qubits, 500. doing complex multi month super computer calculations in minutes (in theory). What my process of Nbits would do would be to transform the bit into a variable much in the same way an organic brain functions but using electricity. The way the process would function (depending on the material used) could even use stereo lithography! In studying its process I can only describe it as 4th dimensional memory. the limit to the variable would be the number of levels of (n) you would wish to apply to it.

    My projects prior to that that I'm currently working on I personally wouldn't need a BSEE for but would definitely help. Other than that the degree would be for a family business in R&D My father is looking to start. For that I would need a BSEE for, if anything for credibility to him (yeah, it’s a family thing).

    Currently I do not hold a 4 year degree. I have nearly a decade of manufacturing/welding/ production experience and hold several computer certifications. In that, not to sound to baseless, but I have gone basically where the Lord has taken me, often not knowing why. Looking back, I am beginning to see some necessary steps to my (now our) financial plan. I really haven't been in to financial forward thinking for to long (a few years now) but amazed and even somewhat embarrassed at my own naivety.

    Some of that is business but also more or less fun. I just don't see myself slowing down anytime soon (though in that could see 4 hour work week principles com in very handy). I may change depending but I have high goals and expectations on myself.

    Some of that is business but also more or less fun. I just don't see myself slowing down anytime soon (though in that could see 4 hour work week principles com in very handy). I may change depending but I have high goals and expectations on myself. My Goal is not to work for a living in that though the living would be nice but more a sense of achievement in accomplishing that goal. I will not do that though at the expense of my family. It may be pretty lofty but I set my goal at 100M$. However, If I don't reach that because time with my family though I would still have no regrets. This is of course the rich end of the plan currently still working on secure (secure>comfortable>rich).

    To my way of thinking “retirement” simply means I do not need to work anymore. Beyond that I still have personal goals to accomplish.

    edit: The schooling would also serve as a resource to recruit "out of the box" thinking minds.
    "If I have seen further than others, it is by standing upon the shoulders of giants." - Sir Isaac Newton

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    Default Re: right thought proccess?

    Quote Originally Posted by Banthaman View Post
    After reading through a number of threads here and formulating my plan to focus on a few ideas I have come to the step where action is needed. I know it somewhat fights the thesis of the forum I just want to know if this makes sense. I have several Ideas that I cannot work on due to lack of 2 things, 1. Education and 2. Capital. My current investments, when eventually liquidated should provide the capital As a result I feel the next step to accomplishing this goal in my plan is to go back to school for my BS in Electrical engineering. I cannot begin to describe how difficult this decision is and how it will effect my family. I do not intend however to do the schooling to get a J.O.B. and die happily never after, but, to simply use the education as a vehicle for my brainchild/ren to accomplish the fast lane lifestyle in the end alongside my other passive investments. Is this logical or thinking backward?

    1) Find demand.
    2) Leverage against the proven demand.
    3) Hire the one with the education instead of going to school yourself.

    Why not?

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